Wednesday, May 18, 2016
So one of the issues that has been causing me anxiety - which led me to overeating and just "not caring" about my health - is our finances. I made a big blunder this past year in our taxes and we ended up owing several thousand dollars this year.... We normally get several thousand back so this was a huge shock. Our only option was to put it on our credit card. SO this year is going to be spent being incredibly frugal trying to dig ourselves out of this hole.
I am currently dealing with a lot of guilt and regret for doing this to my family. My husband isn't mad or anything and he sure doesn't blame me. I am just angry at myself. I should have been smarter than this! I grew up in a family that lived paycheck to paycheck and many times the cupboards were empty and electricity was being threatened to be cut. I have worked very hard to be financially stable as I did not want my children to go through this.
We normally carry a small balance on our credit card, but it's small enough that we could have paid it off if we wanted to. We just had the mentality that CC debt is normal and OK as long as it didn't get out of hand. This amount that we owe now is going to take time to pay off. I am having anxiety fretting over every purchase that is made, thinking about what we don't spend could be applied to the debt.
The blessing in all of this- which I need to remind myself of- is that this pushed us to take Dave Ramsey's Financial Peace class. I am slowly getting over my negative feelings and seeing the positives. I thought I knew how to budget before, but now I REALLY know how to budget. Getting out of this debt is definitely do-able. I fully understand now how taxes "work" and how much should be taken out. This will NOT happen again. I can now comprehend retirement savings, insurance, and many other financial topics. This class has really changed our mindset on our finances... and I can't say we are following it 100% just yet, but the changes we have made have been awesome. I am so glad DH and I took this class together because now we are both on the same page and communicate so much better regarding our finances. We will get out of this, and in the next year or two or three we can take vacations, purchase furniture, etc.... without going into debt for it.
This is no reason to overeat.... I need to let this issue go, focus on my health and getting back to a comfortable weight.